Many investors from California, are investing in the mid-west because of the yearly cash returns making more sense in these lower priced markets.

I invest and help others invest in Cedar Rapids, Iowa and know a couple neighborhoods where the tax assessed value is lower than other neighborhoods (same house), but just have a poor stigma/border thriving neighborhoods, so the spill over is and will continue to push into these neighborhoods.#4 You can take this questions 2 ways. 

Hi @Shawn Ta A lot to go over in this, honestly tough to say without know more about your situation and comfort level. 

Felicia Hey Felicia,Now is a great time to get back into the game, and you're fortunate there just so happens to be many opportunities in your back yard, more so in the areas surrounding Charlotte as the city has become so competitive...A solid lender will help you take your business further than you ever could by yourself using just your own cash.While you're able to derive tremendous value from the service they can offer your business, there is a cost associated...In our experience, the better the deal, the lower the cost of entry.

FHA loans, in particular, are popular for house hacking due to their lower down payment requirements.Given your partnership structure and your father-in-law's involvement, you might explore conventional financing, FHA loans, or other owner-occupied loans.

Cap Rates are a shortcut to understanding value at a 10,000 foot level.

Overlooking the finer details can result in negative reviews and lower booking rates.3.

One thing I did with my first park is I offered the seller a higher price with a lower CAP if they carried the contract. 

Just looking at numbers high level with no background on number of units.

Otherwise, you’ll be victim to the golden handcuffs of lower interest rates and missing out on good opportunities such as this one.